Paramount Skydance CEO David Ellison has appointed Bari Weiss as the editor-in-chief of CBS News as part of a deal to purchase her founded online news site, The Free Press, for an undisclosed amount. However, a source familiar with the matter revealed that the deal was valued at $150 million US.
In a recent announcement, Weiss expressed her excitement about the opportunity to reshape CBS News by incorporating the core values of The Free Press and upholding the principles of American journalism. Weiss, who resigned from her role as an opinion writer at the New York Times in 2020, founded her new media company in 2022, focusing on honesty, perseverance, and independence.
Ellison emphasized in a letter to Paramount employees that the company aims to improve its outreach by promoting constructive and bipartisan discussions through fact-based reporting. He praised Weiss for her dedication to inclusive journalism and amplifying diverse voices.
Weiss, in a letter to CBS News staff, shared her childhood connection to the network and expressed her eagerness to collaborate with the team to enhance CBS News’ credibility and become the most trusted news organization in the United States. She promised to listen attentively to feedback and work towards achieving this goal.
The Free Press has gained recognition for challenging mainstream narratives, with impactful articles shedding light on various contentious issues. Despite some controversies surrounding its content, the publication remains committed to its independent stance and will continue to operate autonomously, maintaining its distinct brand identity.
Under the direction of David Ellison, Weiss will lead the editorial direction of CBS News, with a focus on enhancing the network’s evening news broadcast, which currently trails behind its competitors. Paramount’s acquisition of CBS News reflects a commitment to showcasing diverse viewpoints and perspectives, as mandated by regulatory authorities.
The acquisition follows Paramount’s settlement of a lawsuit filed by former President Donald Trump over a disputed 60 Minutes interview with Democratic presidential candidate Kamala Harris. The settlement and the regulatory approval for the acquisition were deemed unrelated by the FCC.
Overall, the appointment of Bari Weiss as editor-in-chief signals a new chapter for CBS News under the guidance of Paramount, emphasizing a commitment to journalistic integrity and diversity of viewpoints.
